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Forex Expert Advisor

Skills Required

Project Budget

₹1650 - ₹2750 INR

Total Bids

13

Project Description

• Bar Breakout Robot

• Entry: Look at the chart, and set a buy order at the previous bar high and a sell order at the previous bar low. If the trades are triggered well fine or else cancel the trade when a new bar is opened and set new buy / sell order accordingly.

• Take profit:
1. Automatic: - Twice the Stop Loss, e.g.:- if the stop loss is 20 pips then take profit should be 40 pips.
2. Manual: - Should be user defined no of pips.

• Stop loss:
• When LONG, set stop loss at the previous bar low. When SHORT, set stop loss at previous bar high.

• Usual Trailing stop loss concept i.e. User Defined (no of pips)

• Money Management System to be used or Normal Lot Size to be used

• Only one trade to be opened at all times. i.e., if a Long / Short trade is already opened the robot should not open another Long / Short Trade, till the take profit / stop loss is hit.

• It should work on all time frames.

• Should be compatible on Hot Forex and Pepper stone Forex Brokers.

I have attached a chart for your understanding

Please be advised that the money will only be released after 10 working days of forward testing.